3616 Ridgeway RdHarrisburgPA17109
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Harrisburg at 3616 Ridgeway Rd, Harrisburg, PA, 17109 uses $45,117 cash to close to unlock $12,039/yr annual cash flow and $1,003/mo monthly cash flow. Total monthly income runs $2,138/mo, and a $666/mo payment keeps the spread at $1,003/mo. Purchase price stands at $136,100, and rental yield measures 18.85% with $2,138/mo rent. Return on cash invested shows 46.59% in year one, and 5% annual appreciation builds toward $37,602 over five years. Five-year ROI reaches 248.81% and total cumulative return in cash records $112,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,138/mo property income covering a $666/mo payment rather than investor’s personal income.
Single Family
Built in 1964
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17109, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,172 (100%) |
| Owner Occupied HU | 5,464 (48.9%) |
| Renter Occupied HU | 4,971 (44.5%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $226,705 |
| Average Home Value | $296,110 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
8,123
Multi-Family
2,483
Businesses
750
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